Why choose our Florida Title Insurance services?
At Titlerate, we take pride in offering comprehensive, client-focused title insurance services designed to protect your real estate transactions. Here’s why homebuyers, lenders, and real estate professionals trust us:
Expertise in Florida Real Estate
With decades of experience in Florida’s property market, we understand the unique challenges buyers and lenders face.
Fast & Hassle-Free Closings
Affordable & Transparent Pricing
Protection Against Title Defects & Fraud
We conduct thorough title searches to detect hidden claims, unpaid liens, and legal issues before you close.
Secure Digital E-Closings
What Is Title Insurance?
Title Insurance is issued in the United States upon the purchase of real property. A title insurance policy ensures that you have clear and marketable title to a property when you close. Title insurance has many facets to it like lien searches, title commitments, title policies etc. but Wikipedia defines what is title insurance in a better way. Wikipedia defines title insurance as “indemnity insurance against financial loss from defects in title to real property and from the invalidity or enforce-ability of mortgage liens.
Title insurance protects the owner of the property as well as the lender’s financial interest in the property against loss due to defects in title, liens, judgments, etc. A lien that shows up in a Title Search will cause the title to be clouded (defective) and will make the title unmarketable. What this means is that unless the buyer is willing to buy the property with the existing defect, the property cannot be transferred prior to being resolved. Title insurance is essential for you to have peace of mind that your new home and property is yours without defect.
How Title Insurance Protects Your Property?
When purchasing real estate in Florida, you need to ensure that no hidden legal issues jeopardize your investment. Title insurance provides financial protection from:
- Unpaid Property Taxes & Liens – Previous owners may have outstanding debts, which could become your responsibility.
- Errors in Public Records – Clerical mistakes in property deeds, surveys, or ownership records can cause legal disputes.
- Unknown Heirs or Ownership Disputes – If a long-lost heir or previous owner challenges your ownership, title insurance covers legal costs.
- Forgery & Fraudulent Transactions – Cases of identity fraud and forged documents are more common than expected in Florida’s real estate market.
- Easements & Undisclosed Restrictions – Some properties may have hidden easements that restrict your property rights.
- With a Titlerate title insurance policy, you are fully protected against these risks, allowing you to buy and sell real estate with confidence.
Frequently Asked Questions
What is the difference between lender’s title insurance and owner’s title insurance?
Is title insurance required in Florida?
How much does title insurance cost in Florida?
What is title insurance and why do I need it?
Who typically pays for title insurance in Florida – the buyer or seller?
The responsibility for title insurance payment varies by county.
- In Miami-Dade and Broward counties, the buyer usually pays.
- In most other Florida counties, the seller covers the cost as part of closing.
It’s always best to clarify this with your real estate agent before finalizing the deal.
How long does title insurance coverage last?
- Lender’s title insurance lasts as long as the mortgage is active.
- Owner’s title insurance remains in effect for as long as you own the property—even after paying off the mortgage.
Unlike home insurance, title insurance is a one-time purchase that offers lifetime protection.